Market closedNon-fractional
Otis Worldwide/OTIS
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About Otis Worldwide
Otis is the largest global elevator and escalator supplier by revenue with around 18% global market share. In 1854 Otis' founder and namesake Elisha Graves Otis, invented a safety mechanism that prevented elevators from falling if the hoisting cable failed. The company's product and service lifecycle begins with installations of elevator units in new buildings, later selling maintenance services on the units, and eventually replacement of the units after the average 15- to 20-year useful life of an elevator. As the largest global OEM, Otis has amassed an installed base under service that exceeds 2 million elevators. Its business model is similar to that of its closest competitors Kone, Schindler, and TK Elevator.
Ticker
OTIS
Sector
Industrials
Trading on
NYSE
Industry
Machinery
Headquarters
Farmington, United States
Employees
71,000
Website
www.otis.com
Otis Worldwide Metrics
BasicAdvanced
$38B
Market cap
26.00
P/E ratio
$3.58
EPS
0.93
Beta
$1.41
Dividend rate
1.52%
Dividend yield
Price and volume
Market cap
$38B
Beta
0.93
Dividend rate
$1.41
Financial strength
Current ratio
0.79
Quick ratio
0.671
Long term debt to equity
-118.927
Total debt to equity
-152.847
Dividend payout ratio (TTM)
39.06%
Interest coverage (TTM)
15.01%
Management effectiveness
Return on assets (TTM)
14.17%
Return on equity (TTM)
-32.88%
Valuation
Price to earnings (TTM)
25.996
Price to revenue (TTM)
2.668
Price to book
-7.43
Price to tangible book (TTM)
-5.41
Price to free cash flow (TTM)
30.24
Dividend yield (TTM)
1.52%
Growth
Revenue change (TTM)
2.40%
Earnings per share change (TTM)
12.56%
3-year revenue growth (CAGR)
0.74%
3-year earnings per share growth (CAGR)
10.55%
3-year dividend per share growth (CAGR)
18.84%
What the Analysts think about Otis Worldwide
Analyst Ratings
Majority rating from 16 analysts.
Otis Worldwide Financial Performance
Income StatementBalance sheetCash Flow
Income Statement
Revenues and expenses
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$3.4B
-5.06%
Net income
$353M
9.29%
Profit margin
10.27%
15.13%
Otis Worldwide Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.92
$0.95
$0.87
$0.88
-
Expected
$0.86
$0.87
$0.86
$0.87
$1.02
Surprise
6.82%
8.82%
1.55%
1.10%
-
Otis Worldwide News
AllArticlesVideos
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon
Market closedNon-fractional
Upcoming events
Aug
16
Otis Worldwide
Dividend·Ex-dividend
Sept
6
Otis Worldwide
Dividend·Payment
$0.39
Per share
FAQs
What’s the current market cap for Otis Worldwide stock?
Otis Worldwide (OTIS) has a market cap of $38B as of July 26, 2024.
What is the P/E ratio for Otis Worldwide stock?
The price to earnings (P/E) ratio for Otis Worldwide (OTIS) stock is 26 as of July 26, 2024.
Does Otis Worldwide stock pay dividends?
Yes, the Otis Worldwide (OTIS) stock pays dividends to shareholders. As of July 26, 2024, the dividend rate is $1.41 and the yield is 1.52%. Otis Worldwide has a payout ratio of 39.06% on a trailing twelve-month basis.
When is the next Otis Worldwide dividend payment date?
The next Otis Worldwide (OTIS) dividend payment is scheduled for September 06, 2024.
What is the beta indicator for Otis Worldwide?
Otis Worldwide (OTIS) has a beta rating of 0.93. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.
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